Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The yield on cost (YOC) is 6.77%.
YIELD ON COST (YOC)
6.77%
FT now pays $0.51 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 10 years ago(2016-09-08) | $6.89 | 7.40% |
| 5 years ago(2021-09-16) | $8.59 | 5.94% |
| 3 years ago(2023-09-07) | $6.69 | 7.62% |
| 1 year ago(2025-09-11) | $7.95 | 6.42% |
| Buying today(at $7.16) | $7.16 | 6.77% |
Projection: starting from today's 6.77% yield, assuming the dividend keeps compounding at 0.0% a year — the recent growth rate of its annual payout. Boards set dividends each year, so actual figures will differ.
Today
6.77%
In 3 years
6.77%
In 5 years
6.76%
In 10 years
6.76%
Try your own purchase price, dividend and growth rate for Franklin Universal Trust (FT).
Starting Yield
7.12%
Ending YOC
16.69%
Year 15 Dividend
$1.19
Cum. Dividends Recd.
$12.41
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $0.51 | N/A | 7.12% | $0.00 |
| Year 1 | $0.54 | +5.84% | 7.54% | $0.54 |
| Year 2 | $0.57 | +5.84% | 7.98% | $1.11 |
| Year 3 | $0.60 | +5.84% | 8.45% | $1.72 |
| Year 4 | $0.64 | +5.84% | 8.94% | $2.36 |
| Year 5 | $0.68 | +5.84% | 9.46% | $3.03 |
| Year 6 | $0.72 | +5.84% | 10.01% | $3.75 |
| Year 7 | $0.76 | +5.84% | 10.60% | $4.51 |
| Year 8 | $0.80 | +5.84% | 11.22% | $5.31 |
| Year 9 | $0.85 | +5.84% | 11.87% | $6.16 |
| Year 10 | $0.90 | +5.84% | 12.56% | $7.06 |
| Year 11 | $0.95 | +5.84% | 13.30% | $8.01 |
| Year 12 | $1.01 | +5.84% | 14.08% | $9.02 |
| Year 13 | $1.07 | +5.84% | 14.90% | $10.09 |
| Year 14 | $1.13 | +5.84% | 15.77% | $11.22 |
| Year 15 | $1.19 | +5.84% | 16.69% | $12.41 |
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
